Neurointerventional Devices Market:
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Global Neurointerventional Devices Market is valued approximately USD 2.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2020-2027.Neurointerventional radiology or neurovascular surgery is a relatively new medical specialty using minimally invasive endovascular techniques to treat vascular brain diseases. The treatment of disorders that occur inside the spinal cavity or the arteries of the brain is Neurointerventional. Neurointerventional is gaining great popularity among neuro-specialists due to its advantageous function of decreased invasiveness. The market is driven by wide target demographic of patients, continuing product creation and promotion, attractive medical reimbursements, healthcare system growth across developing markets, increasing consumer demand for successful neurovascular products. The key players of global Neurointerventional devices market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In July 2016, to build the OLIF (Oblique Lateral Interbody Fusion) Model, Medtronic plc unveiled its Pivox Oblique Lateral Spinal System with Lateral Plate for OLIF25 and Divergence-L Anterior / Oblique Lumbar Fusion System for OLIF51. For anterior column support, the OLIF platform is a minimally invasive spinal fusion process used to insert an electrode in the disc space. However, stringent regulations, dearth of skilled neurosurgeons impedes the growth of the market over the forecast period of 2020-2027.
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The regional analysis of global Neurointerventional Devices Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of healthcare system growth across developing markets, increasing consumer demand for successful neurovascular products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as wide target demographic of patients, continuing product creation and promotion, attractive medical reimbursements would create lucrative growth prospects for the Neurointerventional Devices Market across Asia-Pacific region.
Major market player included in this report are:MedtronicStrykeriVascular S.L.U.Terumo CorporationBoston Scientific CorporationMerit Medical SystemsPenumbra, Inc.Rapid MedicalMicroPort Scientific CorporationInspireMD, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:Neurovascular Thrombectomy DevicesNeurovascular StentsEmbolic Protection DevicesIntrasaccular DevicesEmbolic CoilsFlow DivertersLiquid EmbolicsBalloonsStent Retrievers
By Technique:NeurothrombectomyStentingCoiling ProcedureCerebral AngiographyFlow Disruption
By End user:HospitalsAmbulatory Surgical Centers
By Region:North AmericaU.S.CanadaEuropeUKGermanyFranceSpainItalyROE
Asia PacificChinaIndiaJapanAustraliaSouth KoreaRoAPACLatin AmericaBrazilMexicoRest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018Base year – 2019Forecast period – 2020 to 2027
Target Audience of the Global Neurointerventional Devices Market in Market Study:
Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors
Tags: Neurointerventional Devices Application, Neurointerventional Devices Segmentation, Neurointerventional Devices Growth, Neurointerventional Devices Analysis, Neurointerventional Devices Share, Neurointerventional Devices Trends, Neurointerventional Devices Industry, COVID-19, Neurointerventional Devices, Neurointerventional Devices Market
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